10. Access the 10-k for American Airlines. Once there, navigate to the note where they discuss impairment (Note 1(g)). How much did Macys charge for asset impairment during the year ended December 31, 2021? Also, what depreciation method does AAL use?

11. Navigate to American Airlines Statement of Cash Flows. How much did AAL spend on purchasing equipment in the year ended December 31, 2021? Explain why capital expenditures were so much smaller in 2021 than in prior years.

12. American Airlines currently maintains ownership in some other businesses that they have purchased. Related to these purchases: a. The balance sheet reports Intangibles of 1,988. What are in these items? (Note 1 (K)). What is the difference between how they treat definite-lived and indefinite-lived intangible assets? b. At the end of the most recent fiscal year, what is the carrying value of goodwill? (+1)